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Insurance
Australia
Gilchrist Connell
Insurers and underwriters should ensure that the commercial intent of the parties is reflected in the policy wording.
Azerbaijan
Bureau 28a
Decree dated and effective 31 January 2024 of the President of the Republic of Azerbaijan terminates (liquidates) the State Insurance Commercial Company of the Republic of Azerbaijan doing business as Azərsığorta...
Bermuda
Walkers
2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 2020.
Canada
Stein Monast
Comment procéder à l'évaluation de la valeur « au jour du sinistre »? Le Tribunal s'est récemment prononcé sur les nuances à apporter dans la décision Walsh c. Intact Insurance Company1.
McCarthy Tétrault LLP
As anticipated in our 2022 Year in Review, there were several developments in the regulation of the insurance sector in Canada in 2023.
Watson Goepel LLP
A Co-Insurance clause is a term in an insurance policy which ensures that you (the policy holder) insure your property for the true replacement cost of the property or at least to minimum level.
Gluckstein Personal Injury Lawyers
As the Medical Consultant to Gluckstein Lawyers, my recommendation would be to prioritize any immediate medical needs following an accident.
McLennan Ross LLP
A recent decision from the Ontario Court of Appeal underscores the need for an insurer to deal fairly with their insured or face the financial consequences.
Devry Smith Frank LLP
You just moved into your new property. You go to install a new fence, and you discover that it's not on the property line – 6 inches of your land has been on your neighbor's side of the fence...
McMillan LLP
This proposed Guidance outlines how FSRA interprets licensing suitability requirements under the Ontario Insurance Act (the "Act") and its regulations.
Clark Wilson LLP
The Ontario Superior Court of Justice (Commercial List) recently released a decision regarding a "follow the settlements" clause in a reinsurance agreement.
Cayman Islands
Cayman Finance
The Cayman International Reinsurance Companies Association (CIRCA) has announced the launch of its inaugural conference, ReConnect, taking place 18-19 April 2024 at the Ritz-Carlton, Grand Cayman.
India
Sochannam Legal
The Supreme Court of India[in the case Hind Offshore Pvt Ltd V. IFFCO ...
IndusLaw
On January 10, 2024, the Government of Karnataka notified the Karnataka Compulsory Gratuity Insurance Rules, 2024 ("Insurance Rules") under Section 4A of the Payment of Gratuity Act, 1972...
Ireland
Arthur Cox
EFRAG published for public consultation exposure drafts of the European Sustainability Reporting Standards (ESRS) for listed SMEs, small and non-complex credit institutions...
Luxembourg
CMS Luxembourg
On 24 January 2024, the Commissariat aux Assurances (the "CAA") released an information note regarding the notion of insurance intermediary in the context of group insurance contracts (the "Note").
Malta
WH Partners
On 22 January 2024 the Commissioner for Tax and Customs published updated guidelines in terms of Article 96(2) of the Income Tax Act (ITA)...
South Africa
Adams & Adams
The law draws a distinction between "negligent conduct" and "grossly negligent conduct". Grossly negligent conduct is synonymous with reckless conduct.
ENS
In the recent case of SMBT v Hollard Insurance and Others, the Gauteng division of the High Court dealt with the proper interpretation of a guarantee...
MLL Meyerlustenberger Lachenal Froriep Ltd
On 2 June 2023, the Federal Council adopted the amendments to the Insurance Supervision Ordinance and put the revised Insurance Supervision Act and the revised Insurance Supervision Ordinance into force as of 1 January 2024.
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